S.C. Code Ann. § 44-20-255 – Ownership of property confirmed in Department of Disabilities and Special Needs; retention of subsequent sales proceeds | Midpage
§ 44-20-255
S.C. Code Ann. § 44-20-255
Ownership of property confirmed in Department of Disabilities and Special Needs; retention of subsequent sales proceeds
(A) Upon execution of the deed as provided in subsection (B) of this section, ownership of the tract of real property in Richland County described in Section 1 of Act 1645 of 1972 is confirmed in the South Carolina Department of Disabilities and Special Needs as the successor agency to the South Carolina Department of Mental Retardation.
(B) The State Budget and Control Board shall cause to be executed and recorded an appropriate deed conveying the tract to the South Carolina Department of Disabilities and Special Needs.
(C) Proceeds of a subsequent sale of the tract that is the subject of this section may be retained by the South Carolina Department of Disabilities and Special Needs.